- Interest payable annually. 30 Am J Rev ed Int § 11.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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annual interest — interest accrued on a yearly basis; yearly interest rate … English contemporary dictionary
Stated Annual Interest Rate — The return on an investment that is expressed as a per year percentage, and that does not account for compounding that occurs throughout the year. The effective annual interest rate, on the other hand, does account for intra year compounding that … Investment dictionary
Effective Annual Interest Rate — An investment s annual rate of interest when compounding occurs more often than once a year. Calculated as the following: Consider a stated annual rate of 10%. Compounded yearly, this rate will turn $1000 into $1100. However, if compounding… … Investment dictionary
stated annual interest rate — The interest rate expressed as a per year percentage, by which interest payments are determined. Bloomberg Financial Dictionary See: annual percentage rate. Bloomberg Financial Dictionary … Financial and business terms
Stated annual interest rate — The interest rate expressed as a per annum percentage, by which interest payment is determined. The New York Times Financial Glossary … Financial and business terms
effective annual interest rate — Fin the average interest rate paid on a deposit for a period of a year. It is the total interest received over 12 months expressed as a percentage of the principal at the beginning of the period … The ultimate business dictionary
Effective annual interest rate — An annual measure of the time value of money that fully reflects the effects of compounding. The New York Times Financial Glossary … Financial and business terms
effective annual interest rate — An annual measure of the time value of money that fully reflects the effects of compounding. Bloomberg Financial Dictionary … Financial and business terms
annual yield to maturity — annual interest on the turnover on a bond (method for calculating the profitability of investment in a bond) … English contemporary dictionary
Annual percentage rate — Parts of total cost and effective APR for a 12 month, 5% monthly interest, $100 loan paid off in equally sized monthly payments. The term annual percentage rate (APR), also called nominal APR, and the term effective APR, also called EAR,… … Wikipedia